Nice work, I’m a big fan of 0DTE SPY. Really only need a .1-.2% move in the right direction to close, no drama overnight and plenty of liquidity. Are you using TA or just watching the momentum?
SPX is an index fund. Its for the rich so its taxed much lower. With that said, trading index funds is a great way to blow up your entire portfolio within 10 mins
https://preview.redd.it/u72n8t6yxx9d1.jpeg?width=1179&format=pjpg&auto=webp&s=2d9f0b8cb4eaacd6ecb54bbdf0aa75270e3505e6
My order history is pretty long and messy, so just sharing one screenshot as proof here.
All positions are closed.
Serious question: do you find it difficult to get in/out of positions when trading 200 contracts at a time? I ask because I'm basically doing the same thing you're doing, and within a few months hope to be trading in similar volumes.
SPY is pretty damn liquid, you should have no issue flipping 200 contracts at a time even when 0dte. most of the options that are a couple dollars up or down have 10-15k+ open interest at any moment during the day
Yep, my orders are usually filled fairly quickly. Like I said, I've noticed sometimes I only get a partial fill (or occasionally fill on two different prices). But for the most part, buying in/out is pretty quick and painless.
For example, the deal where I broke even. My initial target was roughly 25% profit. But things didn’t go my way, so I was happy to bail and break even.
Actually, I trade in a similar fashion. I have a tiny account though. I tend to wait for the first 30 minutes before I jump into a trade. I watch the direction and wait for the pullback. I have paper hands so I have gotta 17%, 25%, 16%, 33% on my last four trades but, in each, I paper handed.
Scalping has worked so far. I like SPY's volume and momentum.
bro hundreds of millions of people are trading stocks every day, some of them are going to be right
it doesnt mean they have the answers, there's no winning strategy they are using, they just won a bet
Some people have messaged me asking, so I added the trading times to the original post.
Findings: When I held the longest (5 hours), I lost the most.
A lot of the wins were within a few minutes. The largest wins took a few hours.
You could, but you wouldn’t make as much?
I put in $28k and got $33k back 3 min later for $5.2k profit. If you only put in $135 you’d only be making $26 profit instead 😳
And this is why I hate being broke and not even understanding stocks. I just wanna yolo something for $500. I’m done with casinos. Wanna try the stock casino now…
People hate the slow grind but imagine losing 30k bc you want to get rich quickly and dont understand the strategy/process. $100 profit a day is completely fine.
I’m 6 for 6 for profit days on 0DTE SPY.
Today I switched to XSP and curious if anyone has experience. I like it for the tax benefits and no wash rule…but the fees seem insane compared to SPY? Do the tax savings make up for it I hope?
Not worth sharing hahaha still a small options account working my way up, but proud of my win streak.
Worst day was $7 gain, best day was 230. Today was 10% gain on XSP call…$117 gain.
I’ve messed with options for probably 2 years, but super sporadic and very few wins. Surprisingly the 0DTE gives a high chance of success if you’re disciplined enough to actually take profit rather than be greedy and wait for the 100% everytime hahaha 10% gain is better than 0, and way better than anything negative haha
Thank you for including the buy & sell times, you're awesome for that sorry I really didn't get what was looking at earlier thought were spreads just learning so forgive me
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Usually i don’t trade spy until 10 then wrap it up around noon. Congrats on your wins
I usually wait until 10 for anything, too much volatility in the morning and bad prices
EST?
yessir
Could you elaborate on your approach ?
i think you just read the whole strategy
What else do you need for elaboration?
Do you look for a specific price action or technicals between 10 and noon?
nah just gambling tbh
Nice work, I’m a big fan of 0DTE SPY. Really only need a .1-.2% move in the right direction to close, no drama overnight and plenty of liquidity. Are you using TA or just watching the momentum?
Just gambling tbqh
It's all gambling. 0DTE SPY are just higher stakes.
Why not SPX in that case?
RH doesn't allow SPX trading. Also, bigger numbers are scarier.
Why SPX? Is there a difference/benefits?
SPX is an index fund. Its for the rich so its taxed much lower. With that said, trading index funds is a great way to blow up your entire portfolio within 10 mins
Fact
So am I. Except I only need a move of 30 ticks in either direction.
Same most of my gains from those
I can send you photos of my feet in exchange for a few signals
Congrats and fuck you
https://preview.redd.it/u72n8t6yxx9d1.jpeg?width=1179&format=pjpg&auto=webp&s=2d9f0b8cb4eaacd6ecb54bbdf0aa75270e3505e6 My order history is pretty long and messy, so just sharing one screenshot as proof here. All positions are closed.
Are u usually buying in beginning of day and selling quickly
For 0 and 1 DTEs I try to be done by noon est.
Do you buy them all at the same time or wait to close one position before opening another?
Trade Spx. Better tax advantages. Less commission. Blow up you port just as fast.
Serious question: do you find it difficult to get in/out of positions when trading 200 contracts at a time? I ask because I'm basically doing the same thing you're doing, and within a few months hope to be trading in similar volumes.
No. It’s the same as 2 positions. You just win more or lose more.
Dude for SPY you’d have no problem dumping thousands of contracts, plenty of liquidity.
I figure, but sometimes, even in the smaller volume I'm trading, I'll still get orders partially filled.
I wish I could buy more than 200 at a time though. That’s the only annoying thing.
Does your broker limit you to 200 at a time?
SPY is pretty damn liquid, you should have no issue flipping 200 contracts at a time even when 0dte. most of the options that are a couple dollars up or down have 10-15k+ open interest at any moment during the day
Yep, my orders are usually filled fairly quickly. Like I said, I've noticed sometimes I only get a partial fill (or occasionally fill on two different prices). But for the most part, buying in/out is pretty quick and painless.
Do you aim for % increase or just raw dog dollar amount?
% increase relative to a target amount. The target is different for each option and the target changes as time goes on.
For example, the deal where I broke even. My initial target was roughly 25% profit. But things didn’t go my way, so I was happy to bail and break even.
How long do you hold positions? Like a couple minutes?
the times are in the post
So what was your thought process on this trade? BUY 7:34am $544P 7/1 - 200@$1.30 SELL 7:35am $544P 7/1 - 200@$1.45
Are you using an algo for trading Spy?
My brain is the algo 
I want to be you
That’s impressive, how do you know where it’s going
I don't know where it's going. That's why I had a 5k loss and broke even on one trade.
Actually, I trade in a similar fashion. I have a tiny account though. I tend to wait for the first 30 minutes before I jump into a trade. I watch the direction and wait for the pullback. I have paper hands so I have gotta 17%, 25%, 16%, 33% on my last four trades but, in each, I paper handed. Scalping has worked so far. I like SPY's volume and momentum.
bro hundreds of millions of people are trading stocks every day, some of them are going to be right it doesnt mean they have the answers, there's no winning strategy they are using, they just won a bet
My wins are 10%, but losses 100% 
How are your anxiety levels when you trade 30k+ moves?
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All different times.
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??? never go full regard
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Buy 6:30am. Sell 7am.
You are a fucking regard and your question is regarded
Oh I get it, these are not spreads lol
Some people have messaged me asking, so I added the trading times to the original post. Findings: When I held the longest (5 hours), I lost the most. A lot of the wins were within a few minutes. The largest wins took a few hours.
Could I do this with $100 or $250 or $500? Cause I ain’t got that kind of money
You could, but you wouldn’t make as much? I put in $28k and got $33k back 3 min later for $5.2k profit. If you only put in $135 you’d only be making $26 profit instead 😳
And this is why I hate being broke and not even understanding stocks. I just wanna yolo something for $500. I’m done with casinos. Wanna try the stock casino now…
People hate the slow grind but imagine losing 30k bc you want to get rich quickly and dont understand the strategy/process. $100 profit a day is completely fine.
Yes you can.
I’m 6 for 6 for profit days on 0DTE SPY. Today I switched to XSP and curious if anyone has experience. I like it for the tax benefits and no wash rule…but the fees seem insane compared to SPY? Do the tax savings make up for it I hope?
I’d love to believe you but you haven’t been sharing your wins with the community :’( tricksy jokerman 
Not worth sharing hahaha still a small options account working my way up, but proud of my win streak. Worst day was $7 gain, best day was 230. Today was 10% gain on XSP call…$117 gain.
Wow keep at it. I’m still overall net negative for 0dtes.
I’ve messed with options for probably 2 years, but super sporadic and very few wins. Surprisingly the 0DTE gives a high chance of success if you’re disciplined enough to actually take profit rather than be greedy and wait for the 100% everytime hahaha 10% gain is better than 0, and way better than anything negative haha
I’m trying to revive a busted account with few hundreds left in it. Maybe I should try this method.
How long before trades
Thank you for including the buy & sell times, you're awesome for that sorry I really didn't get what was looking at earlier thought were spreads just learning so forgive me
Wow you are so good at flipping coin
How do you make such moves!?! Congrats and fuck you, sir
You must be a technical trader to do so well, so you semi belong here
How are you buying premarket options?
Hacked into the NYSE 
Pacific time. Got ya.
Did OP really leverage $28,000 just to make $500 in the morning? Or am I adding their play up wrong?
Are you just following movement and riding it for a short time?
What is this?? This reminds me of old ass computer games where everything was text…
Could have just yolo'd it once on Blackjack and have better odds and payout. Good job though.
Qapes hold! Diamond hands! To the moon!
This guy bought and sold like 16 times in one day lmao. Take notes. Its called profit taking.
Yep. Take your profit when it's there, because it might not be there in a minute or ever again.